Strategy Inc: Jarrod M. Patten sells 2,750 shares

Q: How many MSTR shares did Jarrod M. Patten sell, and at what prices?

Jarrod M. Patten reported sales totaling 2,750 Class A shares on October 8 and October 9, 2026. The reported lots were 950 shares at $150.5400 and 450 at $152.0000 on October 8, then 450 shares each at $154.4700, $156.0000, and $158.0000 on October 9.

A Strategy Inc (MSTR) director reported five Class A share sales at $150.5400, $152.0000, $154.4700, $156.0000 and $158.0000 per share.

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Rhea-AI Filing Summary

Strategy Inc (MSTR) director Jarrod M. Patten exercised options for 1,400 Class A shares on October 8, 2026, and 1,350 shares on October 9, 2026, at an exercise price of $18.2360 per share. He reported sales totaling 2,750 shares: 950 at $150.5400 and 450 at $152.0000 on October 8; on October 9, 450 shares each at $154.4700, $156.0000, and $158.0000. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Exercise and Sale: 2,750 shares ($372K approx. pre-tax spread)

Exercise and Sale 12 txns

Insider Patten Jarrod M

Role Director

Sold 2,750 shs ($422K)

Approx. gross sale proceeds $422K

Approx. exercise cost $50K

Approx. pre-tax spread $372K

Type	Security	Shares	Price	Value
Exercise	Director Stock Option (Right to buy) ^F2	1,350	$0.00	$0.00
Exercise	Class A Common Stock	1,350	$18.236	$25K
Sale	Class A Common Stock	450	$154.47	$70K
Sale	Class A Common Stock	450	$156.00	$70K
Sale	Class A Common Stock	450	$158.00	$71K
Exercise	Director Stock Option (Right to buy) ^F1	1,400	$0.00	$0.00
Exercise	Class A Common Stock	1,400	$18.236	$26K
Sale	Class A Common Stock	950	$150.54	$143K
Sale	Class A Common Stock	450	$152.00	$68K
holding	Series A Perpetual Strife Preferred Stock	--	--	--
holding	Series A Perpetual Stretch Preferred Stock	--	--	--
holding	Series A Perpetual Stride Preferred Stock	--	--	--

Holdings After Transaction: Director Stock Option (Right to buy) — 22,100 contracts (Direct); Class A Common Stock — 28,406 shares (Direct); Series A Perpetual Strife Preferred Stock — 10,000 shares (Direct); Series A Perpetual Stretch Preferred Stock — 29,335 shares (Direct); Series A Perpetual Stride Preferred Stock — 5,000 shares (Direct)

Footnotes (2)

F1. The 1,400 shares exercised on October 8, 2026 pursuant to this option vested on May 31, 2020. Of the remaining 23,450 shares pursuant to this option, 10,950 vested on May 31, 2020, and 12,500 shares vested on May 31, 2021.
F2. The 1,350 shares exercised on October 9, 2026 pursuant to this option vested on May 31, 2020. Of the remaining 22,100 shares pursuant to this option, 9,600 vested on May 31, 2020, and 12,500 shares vested on May 31, 2021.

Key Figures

Shares exercised, October 8: 1,400 Class A shares Shares exercised, October 9: 1,350 Class A shares Exercise price: $18.2360 per share +5 more

8 metrics

Shares exercised, October 8 1,400 Class A shares Option exercise on October 8, 2026

Shares exercised, October 9 1,350 Class A shares Option exercise on October 9, 2026

Exercise price $18.2360 per share Both option exercises

Reported shares sold 2,750 shares Five sale transactions on October 8 and October 9, 2026

October 8 sale 950 shares at $150.5400 per share Sale reported October 8, 2026

October 8 sale 450 shares at $152.0000 per share Sale reported October 8, 2026

October 9 sales 450 shares each at $154.4700, $156.0000, and $158.0000 per share Three sale transactions reported October 9, 2026

Shares remaining under option 23,450 after October 8; 22,100 after October 9 Option footnotes

Key Terms

Director Stock Option (Right to buy), exercise price, vested

3 terms

Director Stock Option (Right to buy) technical

"the option exercised for Class A shares"

exercise price financial

"the two option exercises at $18.2360 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vested financial

"the remaining option shares vested"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MSTR shares did Jarrod M. Patten sell, and at what prices?

Jarrod M. Patten reported sales totaling 2,750 Class A shares on October 8 and October 9, 2026. The reported lots were 950 shares at $150.5400 and 450 at $152.0000 on October 8, then 450 shares each at $154.4700, $156.0000, and $158.0000 on October 9.

How many MSTR options did Jarrod M. Patten exercise?

He exercised options for 1,400 Class A shares on October 8 and 1,350 on October 9, 2026, at $18.2360 per share. Footnotes report 23,450 shares remaining under the option after October 8 (10,950 vested May 31, 2020; 12,500 on May 31, 2021), and 22,100 after October 9 (9,600 and 12,500, respectively).

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/13/2026 - 04:00 PM EDT Accepted by SEC EDGAR 10/13/2026 - 04:00 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Patten Jarrod M

(Last)

(First)

(Middle)

C/O STRATEGY INC

1850 TOWERS CRESCENT PLAZA

(Street)

TYSONS CORNER

VIRGINIA

22182

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Strategy Inc [ MSTR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	10/08/2026		M		1,400	A	$18.236	29,806	D
Class A Common Stock	10/08/2026		S		950	D	$150.54	28,856	D
Class A Common Stock	10/08/2026		S		450	D	$152	28,406	D
Class A Common Stock	10/09/2026		M		1,350	A	$18.236	29,756	D
Class A Common Stock	10/09/2026		S		450	D	$154.47	29,306	D
Class A Common Stock	10/09/2026		S		450	D	$156	28,856	D
Class A Common Stock	10/09/2026		S		450	D	$158	28,406	D
Series A Perpetual Strife Preferred Stock								10,000	D
Series A Perpetual Stretch Preferred Stock								29,335	D
Series A Perpetual Stride Preferred Stock								5,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Director Stock Option (Right to buy)	$18.236	10/08/2026		M			1,400	⁽¹⁾	05/31/2027	Class A Common Stock	1,400	$0	23,450	D
Director Stock Option (Right to buy)	$18.236	10/09/2026		M			1,350	⁽²⁾	05/31/2027	Class A Common Stock	1,350	$0	22,100	D

Explanation of Responses:

1. The 1,400 shares exercised on October 8, 2026 pursuant to this option vested on May 31, 2020. Of the remaining 23,450 shares pursuant to this option, 10,950 vested on May 31, 2020, and 12,500 shares vested on May 31, 2021.

2. The 1,350 shares exercised on October 9, 2026 pursuant to this option vested on May 31, 2020. Of the remaining 22,100 shares pursuant to this option, 9,600 vested on May 31, 2020, and 12,500 shares vested on May 31, 2021.

	/s/ Allein Sabel, Attorney-in-Fact	10/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR